Forex Technical Cross Pairs Analysis | November 25, 2020

EUR/JPY

Free $100 Forex No-Deposit Bonus

EUR/JPY add more gains above 123.30 yesterday. The pair now set to continue moving upward and target the 125.00 resistance level. If a bullish breakout happens then the pair expected to move toward the 127.00 resistance level next. The overall trend continues sideways inside the orange box area for the long-term. As long as there is no breakout, traders could assume the pair will continue its consolidation.

Today critical levels to watch:

Support: 123.30, 121.50, 120.30, 120.00

Resistance: 125.00, 127.00

EUR/GBP

EUR/GBP tested the previous swing low and currently shows a bounce reaction. The pair will test the 0.8920 level and waiting for a reaction. If a bearish reaction happen and further lower low printed then the pair set to continue its bearish trend toward 0.8750.

today critical levels to watch:

Support: 0.8750, 0.8700

Resistance: 0.8920, 0.9000

GBP/JPY

GBP/JPY moving upward and soon will reach the 140.00 resistance level. The pair might breakout above 140.00 and continue toward 142.50. At the current time, traders who have long positions could continue to hold the positions while observing the reaction at 140.00.

Today Critical level to watch:

Support: 137.75, 136.00, 135.00, 132.50

Resistance: 140.00, 142.50

GBP/CHF

GBP/CHF bounces from the 1.2000 stalled near the previous swing high. The pair is looking to break out from the resistance level and continue toward 1.2300. Same as GBP/JPY, traders who have long positions could continue to hold the positions while waiting for reaction near the resistance levels.

Today critical levels to watch:

Support: 1.2000, 1.1870, 1.1750

Resistance: 1.2300

Copyright © 2021. All Rights Reserved. FXDailyReport.Com
Risk Warning: Trading CFDs is a high risk activity and you may lose more than your initial deposit. You should never invest money that you cannot afford to lose. FXDailyReport.com will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets.